Where Exploration Intersects Discovery

Transcription

1 CORPORATE PRESENTATION January 2019 Where Exploration Intersects Discovery TSXV: NRG US: NRGOF FSX: X6C 1

2 Forward Looking Statement Except for historical information contained herein, this presentation may contain forward looking statements including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Although Newrange Gold believes that such expectations are reasonable, there can be no assurance that such expectations will prove to be correct, and therefore actual results may differ materially from those currently anticipated in such statements. You are cautioned not to place undue reliance on any such forward looking statements, whether made in this presentation or in any question and answer period related to this presentation. 2 TSXV: NRG US:NRGOF FSX: X6C 2

3 Newrange Gold Cost efficient junior exploration company with highly concentrated share structure 20 largest shareholders own >70% of company Led by a team of successful company builders and mine finders Unique opportunity to explore & develop one of the highest grade gold districts in Nevada High grade gold discovered in 1884 and mined until 1898 and from ~ s Very little modern exploration TSXV: NRG US:NRGOF FSX: X6C 3 3

4 Management & Directors ROBERT ARCHER, P. GEO CEO & Director ROBERT G. CARRINGTON, P. GEO, R. PROF., QP President & Chairman GLORIA CARRINGTON President, Corporation Minera de Colombia & Country Manager DAVID CROSS, CPA, CGA CFO RON SCHMITZ Independent Director PAUL WANG Independent Director DAVID SALARI, METALLURGICAL ENGINEER, P. ENG., QP Independent Director TSXV: NRG US:NRGOF FSX: X6C 4

5 Mission, Team & Value Building Model Committed to building value for all shareholders Led by a team of successful company builders and mine finders More than 100 years of combined exploration experience concentrated on Nevada Management and technical team members have participated in the discovery of deposits containing more than 61Moz of gold, 200Moz of silver and 1.5 billion lbs of copper, resulting in development of 7 mines TSXV: NRG US:NRGOF FSX: X6C 5

6 Nevada Elephant Country Nevada 5th largest gold producer & 3rd most desirable mining jurisdiction in world 5.6Moz of gold produced in Moz of gold produced from Walker Lane NW-SE oriented structural trend hosting many historic and current gold and silver districts and mines Over 53Moz gold, 519Moz silver produced TSXV: NRG US:NRGOF FSX: X6C 6 6

7 Walker Lane District The Walker Lane address Over 53 Moz of gold and 519 Moz silver produced Kinross Round Mountain Mine 2017 production: 437,000 oz gold Cumulative production plus reserves and resources (approx.): 29Moz gold (under 1 g/t) Recent successes from The Walker Lane Northern Empire acquired by Coeur Mining for $117M Corvus Gold drilling expanding Mother Lode (~$250M mkt cap) Other prolific mines (Moz gold/moz silver) Comstock Lode (8.6/200) Aurora Borealis (6.2/4.6) Goldfields (4.2/nil) Mineral Ridge (4.0/6.4) Bullfrog (3.7/1.3) Denton Rawhide (1.7/14.1) TSXV: NRG US:NRGOF FSX: X6C 7

8 Pamlico Project Overview New high-grade, volcanic hosted, near surface, oxide gold discovery in legendary district Unique, almost unexplored opportunity - in private hands since 1896 Exceptional infrastructure District scale property (1670 hectares) Multiple targets yet to be tested TSXV: NRG US:NRGOF FSX: X6C 8

9 Access, Infrastructure & Climate Located in pro-mining Mineral County, Nevada 12 miles SE of supportive community of Hawthorne Easy, year-round access Hwy 95 passes within 7.5 miles of property, then all-weather gravel road 234 kva power line crosses property High desert with 4.5 inches of annual precipitation TSXV: NRG US:NRGOF FSX: X6C 9 9

10 District Scale Potential Target Map Merritt Area (39 of 47 holes to date) Multiple Zones Pamlico Ridge (8 of 47 holes) 2.5 km strike length / 300+ old mine workings Other prime targets being readied: Pediment Area 1.3 km x 0.7 km zone / 4.7 g/t Au saw cut sample from outcrop Gold Box Canyon 1.5 km strike / Up to 98 g/t Au in outcrop East Zone North East Zone South Up to 5.0 g/t Au in outcrop TSXV: NRG US:NRGOF FSX: X6C 10

11 Exploration To Date by Newrange Property-wide magnetic, radiometric and gravity geophysical surveys Property size increased to 1,670 hectares by staking Sampling of Merritt decline Mapping & sampling (surface + underground) and trenching Phase I, II and III RC drilling programs 5,660.8m in 47 holes Preliminary metallurgy Core hole test program TSXV: NRG US:NRGOF FSX: X6C 11

12 Pamlico Ridge Area Gold Box Canyon Merritt Decline 1.0km width Pamlico Ridge Known mineralization covers an area of 2.5 X 1.0 kilometres & is open in all directions TSXV: NRG US:NRGOF FSX: X6C 12

13 Merritt Decline Sampling 100 meters, continuous saw cut channel sample interval Composite avg.: g/t Au High-grade interval: g/t Au TSXV: NRG US:NRGOF FSX: X6C 13 13

14 RC Drilling Less than one half of 1% of property drill tested Phase I & II (2017) drilling focused on the Merritt Area Phase III (2018) drilling tested a small area at Pamlico Ridge 47 holes drilled including 5 deep stratigraphic holes 41 gold intercepts (87%+ success rate) 100% of gold mineralization is near surface, oxide Drilling so far has identified an open ended, 500 metre long, 130 metre wide, NW-SE trending mineralized corridor. TSXV: NRG US:NRGOF FSX: X6C 14

15 Pamlico Drilling Newrange Discoveries Discovered multiple, new high-grade gold zones in Merritt Area Near surface, oxide intercepts Highlights: DH P17-08: 9.1m of 28 g/t Au (incl. 1.5m of 85 g/t) DH P17-10: 6.1m of 98 g/t Au (incl. 1.5m of 341 g/t) DH P17-17: 4.6m of 44 g/t Au (incl. 0.8m of 244 g/t) Discovered halo disseminated/stockwork bulk tonnage potential in Merritt Area & Pamlico Ridge Near surface, oxide stockwork intercepts Highlights: DH P17-26: 4.54 g/t Au (from 19.8m) DH P17-33: 2.36 g/t Au (from surface) DH P17-26: 1.48 g/t Au (from 85.4m) Decline Continuous saw cut channel sampling: 2.92 g/t Au (from face) Discovered previously unknown stockwork/disseminated gold mineralization at depth beneath lower rhyolite of Middle Unit in deeper lithic tuff. TSXV: NRG US:NRGOF FSX: X6C 15

16 Drill Results 10 Best High-Grade Intercepts (100% oxidized) TSXV: NRG US:NRGOF FSX: X6C 16 16

17 Drill Results 10 Best Disseminated Intercepts (100% oxidized) TSXV: NRG US:NRGOF FSX: X6C 17 17

18 Pamlico Ridge / Merritt Area Drill Hole Location & Geological Map TSXV: NRG US:NRGOF FSX: X6C 18 18

19 Merritt Area Merritt Area Section 5040E TSXV: NRG US:NRGOF FSX: X6C 19 19

20 Stratigraphy & Principal Target Types High-grade vein and disseminated stockwork mineralization in Middle Unit, lithic latite tuff. Phase I & II Drilling Target Phase III drilling discovered disseminated stockwork gold mineralization in Lower Unit, lithic latite tuff confirming district wide depth potential. Phase III Discovery of disseminated gold mineralization below Middle Unit lower rhyolite Sediment hosted disseminated gold mineralization in carbonate sediments in Upper Unit limestone of Luning Formation. TSXV: NRG US:NRGOF FSX: X6C 20

21 Recent and Ongoing Exploration Programs Preliminary Metallurgy Cyanide shake assays conducted on RC drilling samples to get preliminary indication of amenability for heap leaching Assays indicated that very fine gold may have been under-reported by RC drilling Recoveries for samples assaying g/t averaged 93.8% Additional samples sent to lab for more advanced bottle roll tests Core Drilling Test Program Four large-diameter (PQ) diamond drills holes completed to get comparison with RC Three holes twinned RC holes, one hole was a step-out Core provided significant structural information that was lacking from RC drilling Assays will allow for direct comparison between two methods and result in better interpretation Underground Surveying State-of-the-art LIDAR surveying of ~8,000 metres of underground workings will provide sub-cm accuracy for mapping & sampling This will allow assays to be used in a resource estimate Knowing the exact location of underground workings will allow better targeting for surface drilling TSXV: NRG US:NRGOF FSX: X6C 21

22 2019 Work Program Q1 & Q Continue Metallurgical Studies Drilling at Pamlico Ridge Underground surveying, mapping & sampling Q3/2019 Drilling at Gold Box Canyon Trenching at Pediment Zone Mapping & sampling of East Zones Q4/2019 Drilling at Pediment Zone Maiden Resource Estimate TSXV: NRG US:NRGOF FSX: X6C 22

23 Unlocking Exceptional Potential Near term shareholder value creation catalysts: Results from ongoing surface and underground (300+ old workings) mapping and sampling Expansion/definition drilling in the Merritt Pamlico Ridge Areas Maiden resource estimate for Merritt Pamlico Ridge Areas New targets to be drill tested (Gold Box, Pediment) Infrastructure in place for test mining Looking forward: Truly exciting blue sky potential at Pamlico Less than one half of 1% of property drilled District scale potential at depth confirmed Goal is to ultimately define a multi-million ounce gold deposit TSXV: NRG US:NRGOF FSX: X6C 23

24 Share Structure No. Shares Shares Issued 89,747,487 Warrants 21,195,794 Warrants (RMM) 1,700,000 Options 8,469,000 Shares Fully Diluted 119,412,281 As of January, 2019 Tightly held share structure 20 largest shareholders own approximately 70% No share consolidation in company history TSXV: NRG US:NRGOF FSX: X6C 24

25 Contact Us Phone: +1 (604) TSXV: NRG US:NRGOF FSX: X6C 25